Nick Bunker is the Economic Research Director for North America at the Indeed Hiring Lab who focuses on the U.S. labor market. He was previously a Senior Policy Analyst at the Washington Center for Equitable Growth, an economics think tank. Prior to that, Nick was a Research Assistant at the Center for American Progress. He holds a B.S.F.S. in international economics from Georgetown University.
The US economy gained 638,000 jobs last month, and the unemployment rate is at 6.9%, down from 7.9% in September.
After a few months of being surprisingly strong, job openings have slowed down.
The US economy gained 661,00 jobs last month, and the unemployment rate is at 7.9%, down from 8.4% in August.
As of July, there are 2.5 unemployed workers per job opening.
The Indeed Hiring Lab is an international team of economists who provide insights that help drive the global labor market conversation.
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